I've been looking into a few companies that might present interesting value: covid overachievers.
Not the ZM and PTON of the world. Really good companies that had huge surges during covid, but have now overcorrected because of reverting to the mean. Here's a few ideas:
POOL
Everyone wanted a pool during covid. Apparently, not so much now. However, this has been a massive compounder over time, and it seems prudent to assume it will continue to do so in the future.
MUSA
They operate a chain of convenience stores and gas stations. High gas prices spiked their revenue in 2022, but it's returning to normal. Another great compounder.
WSM
2021-2 saw lots of home furnishings being purchased while people were stuck at home. This year, business has slowed. Again, this has been a massive grower and can likely return to that status.
Does anyone else have any ideas for this list?
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